Nuburu is trading 8.4% down at $1.10 in pre-market on October 7, with no new catalyst identified for the decline. - Shares closed October 6 at $1.20. - The pre-market move follows an after-hours jump after Nuburu agreed to return 295,000 Heckler & Koch shares in exchange for cancellation of its $15 million subordinated convertible note, removing a liability and potential share dilution. - The broader market is modestly weaker, but does not clearly explain Nuburu’s larger decline.